Retail payments are an important part of every country's overall payment system. Because retail payments have a higher volume of transactions but a smaller transaction size, specialised separate products such as UPI, BHIM, RuPay, NETC, AePS, BHIM Aadhaar, Bharat BillPay (BBPS), NFS, NACH, CTS, IMPS are utilised to process them all over the world. As per Reports of NPCI, in the year 2021-22, UPI is found the most preferred product among others followed by IMPS. The data for the period of 8 years has been taken to carry out the growth of NPCI retail payments (overall and products wise). The statistical tools namely; Average, C.V., CGR has been the applied in the study to compute the growth. It is found that there has been a tremendous growth regarding the total retail payments over the period of study.

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Keywords: Retail Payments, UPI, NACH, IMPS, BBPS.